Word: rustad
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Dates: during 1990-1999
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...horse the conservatives rode hardest was the case of the elderly woman who was awarded $2.9 million in a judgment against McDonald's after she burned herself with a McDonald's cup of coffee (the payoff was reduced on appeal to $480,000). As Suffolk Law School professor Michael Rustad told TIME, despite the perception out there of vast monies changing hands in these cases, only 10% of punitive-damages awards of more than $10 million are paid; 90% are reduced or reversed...